CRYPTO SENTIMENT ANALYSIS & OUTLOOK FOR THE COMING MONTHS

Bitcoin: 
- The euphoria for the spot $BTC ETFs has cooled off
- Mt. Gox repayments starting soon, installing some fear
- $BTC.D looks like it wants to top out for now

Ethereum & altcoins:
- $ETH ETFs will start trading in one of the coming days
- Altcoins got beaten heavily vs $BTC in the past months
- Overdue for a run and outperformance against Bitcoin
- The focus will go Ethereum because of the ETFs, and it will take the rest of the altcoin market with it

General factors:
- Sentiment is shifting towards altcoins (especially $ETH in first place)
- (Institutional) trading is always low during summer, which impacts Bitcoin the most

Conclusion: 
We will very likely see a boring summer for Bitcoin. Sentiment is low and the focus is ready to shift to Ethereum because of the upcoming ETFs. I expect altcoins to outperform Bitcoin this summer, while Bitcoin will not do much.

Crypta Ferrata, Metropolitan City of Rome Capital, Italy